新余国科(300722) - 2019 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2019 was ¥41,490,849.01, representing a 4.75% increase compared to ¥39,610,402.08 in the same period last year[8] - Net profit attributable to shareholders was ¥5,879,882.51, up 9.01% from ¥5,393,919.54 year-on-year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,834,719.14, a slight increase of 1.04% from ¥4,785,005.69[8] - The company's net profit attributable to shareholders for the first quarter of 2019 was ¥5,879,882.51, an increase of 9.01% compared to the same period last year[17] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,834,719.14, reflecting a growth of 1.04% year-on-year[17] - Total operating costs for Q1 2019 were CNY 35,716,886.34, up 5.1% from CNY 33,969,645.27 in Q1 2018[46] - Net profit for Q1 2019 reached CNY 5,897,935.02, representing a 9.4% increase from CNY 5,393,919.54 in Q1 2018[48] - Total comprehensive income for the first quarter was CNY 5,877,733.94, compared to CNY 5,458,170.22 in the previous period, reflecting an increase of approximately 7.66%[53] Cash Flow and Liquidity - The net cash flow from operating activities was -¥27,537,708.39, showing a decrease of 0.57% compared to -¥27,382,417.50 in the previous year[8] - Cash and cash equivalents decreased by 74.81% to ¥30,824,920.62 due to the utilization of idle raised funds for cash management[15] - Cash inflow from operating activities totaled CNY 27,325,080.70, up from CNY 21,670,888.49, representing a growth of about 26.67%[56] - Cash outflow from operating activities was CNY 54,862,789.09, compared to CNY 49,053,305.99 in the previous period, indicating an increase of approximately 11.5%[56] - Net cash flow from operating activities was negative at CNY -27,537,708.39, slightly worse than CNY -27,382,417.50 from the previous period[56] - The ending balance of cash and cash equivalents was CNY 30,824,920.62, down from CNY 124,401,253.77, a decrease of approximately 75.2%[57] Assets and Liabilities - Total assets at the end of the reporting period were ¥506,264,048.30, down 3.17% from ¥522,824,201.86 at the end of the previous year[8] - Total current assets decreased to CNY 277,407,011.09 from CNY 292,294,712.80, a decline of approximately 5.5%[38] - Total non-current assets slightly decreased to CNY 228,857,037.21 from CNY 230,529,489.06, a reduction of about 0.7%[38] - Total liabilities increased to CNY 91,736,399.72 from CNY 86,561,870.50, an increase of about 6.3%[39] - The company's total liabilities as of Q1 2019 amounted to CNY 103,078,388.12, compared to CNY 97,651,255.26 in the previous year, reflecting a 5.4% increase[45] - Total equity decreased to CNY 414,527,648.58 from CNY 436,262,331.36, a decline of approximately 5.0%[40] - The total equity of the company decreased to CNY 404,499,748.27 in Q1 2019 from CNY 426,006,629.43 in Q1 2018, a decline of 5.0%[45] Investments and R&D - The company invested ¥4,030.60 million in the construction of a research and development center, expected to be operational in 2019[20] - The company has completed an investment of ¥2,296.00 million for the expansion of artificial weather modification equipment, including land and factory purchases[21] - Research and development expenses for Q1 2019 were CNY 3,707,790.67, up 18.0% from CNY 3,141,435.04 in the same period last year[46] - The company intends to allocate 24.48 million yuan of unutilized raised funds to a new project focused on R&D of weather modification and meteorological environmental equipment[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,037[11] - The largest shareholder, Jiangxi Military Industry Holding Group, held 36.83% of the shares, totaling 29,466,667 shares[11] Compliance and Governance - The company has not encountered any overdue commitments from major shareholders or related parties during the reporting period[27] - There are no violations regarding external guarantees during the reporting period[32] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[33] - The report was not audited, which may affect the reliability of the financial data presented[71] - The company is in compliance with new financial instrument and lease standards, indicating a proactive approach to regulatory changes[71]